Kelani Cables PLC has successfully continued its award-winning Kelani Saviya skill development CSR program for the 17th consecutive year, enrolling 70 students for its 12th intake at a recent ceremony held at the University of Peradeniya. The program was launched with a total sponsorship of Rs 1.7 million. The inauguration ceremony took place at the
In 2023, total employment in Sri Lanka’s tourism sector, including indirect jobs, grew by 11.24% year-on-year (YoY), reaching 429,641 employees, according to provisional data from the Sri Lanka Tourism Development Authority (SLTDA). Direct employment within the sector increased by 7.3% YoY, hitting an all-time high of 204,591 workers. Hotels and restaurants dominated, accounting for 80.9%
Sri Lanka’s Purchasing Managers’ Index for Construction (PMI – Construction) surged to 59.5 in June 2024, marking its highest value in 30 consecutive survey rounds. Respondents attributed this growth mainly to projects funded by multilateral agencies, particularly those related to road rehabilitation and water distribution. June saw a significant increase in new orders, indicating a
The Export Development Board (EDB) has formed a strategic partnership with Switzerland’s State Secretariat for Economic Affairs (SECO) to implement the second phase of the Global Program on Textile and Clothing (GTEX2), aimed at enhancing Sri Lanka’s apparel sector. This five-year program, running from 2024 to 2027, is funded by the Swiss Government and organized